Fertilizer prices in the domestic market have stabilized
2023-04-06 12:23:14
In July, the prices of chemical fertilizers in the domestic market went down steadily; in the international market, the prices of chemical fertilizers declined, nitrogen fertilizers, phosphate fertilizers, compound fertilizers decreased, and potassium fertilizers rose.
1. Fertilizer prices in the domestic market In July, except for the demand for fertilizers for growing late rice in some regions, the domestic economy was generally in the off-season with fertilizers, and low-tariff policies were adopted for exports. Affected by the drop in the prices of fertilizers in the international market, the prices of fertilizers in the domestic market have been steadily falling. The price of urea with more price increases in the previous period has experienced a relatively large drop.
(a) factory price. In July, the average ex-factory prices of urea, diammonium phosphate, and three-element compound fertilizer were 2,229 yuan, 3,294 yuan, and 2,777 yuan per ton, respectively, a decrease of 5.1%, 0.1%, and 0.8% from the previous month; urea decreased by 2.1% year-on-year, and diammonium phosphate. The three-element compound fertilizer increased by 0.2% and 1.7% respectively.
(b) Retail prices. In July, the average retail prices of urea, diammonium phosphate, three-element compound fertilizer, and imported potassium chloride were 2,477 yuan, 3,623 yuan, 3,250 yuan, and 3,667 yuan per ton, respectively. Urea, three-element compound fertilizer, and imported potassium chloride were respectively imported. The decrease was 3%, 0.1%, and 0.4%, and diammonium phosphate was flat; urea, diammonium phosphate, three-element compound fertilizer, and imported potassium chloride were up 5.1%, 2.1%, 5.5%, and 1.9%, respectively.
Second, the international market fertilizer prices in July, due to the oversupply of urea in the international market, coupled with delays in India's tender, the tender price is lower than market expectations, urea prices fell sharply, other varieties of fertilizer prices fluctuate slightly. According to monitoring, in July, the average FOB price of urea in the Middle East, DAM in the United States, Baltic Compound, Baltic Sea, and Vancouver in Vancouver was US$405, US$563, US$450, US$465 per ton, respectively. Urea, diammonium phosphate, Compound fertilizers decreased by 7.5%, 0.4%, and 2.2% respectively year-on-year, down 18.2%, 13.5%, and 4.3% year-on-year respectively, while potassium chloride rose by 1.5% month-on-month and 0.6% year-on-year.
1. Fertilizer prices in the domestic market In July, except for the demand for fertilizers for growing late rice in some regions, the domestic economy was generally in the off-season with fertilizers, and low-tariff policies were adopted for exports. Affected by the drop in the prices of fertilizers in the international market, the prices of fertilizers in the domestic market have been steadily falling. The price of urea with more price increases in the previous period has experienced a relatively large drop.
(a) factory price. In July, the average ex-factory prices of urea, diammonium phosphate, and three-element compound fertilizer were 2,229 yuan, 3,294 yuan, and 2,777 yuan per ton, respectively, a decrease of 5.1%, 0.1%, and 0.8% from the previous month; urea decreased by 2.1% year-on-year, and diammonium phosphate. The three-element compound fertilizer increased by 0.2% and 1.7% respectively.
(b) Retail prices. In July, the average retail prices of urea, diammonium phosphate, three-element compound fertilizer, and imported potassium chloride were 2,477 yuan, 3,623 yuan, 3,250 yuan, and 3,667 yuan per ton, respectively. Urea, three-element compound fertilizer, and imported potassium chloride were respectively imported. The decrease was 3%, 0.1%, and 0.4%, and diammonium phosphate was flat; urea, diammonium phosphate, three-element compound fertilizer, and imported potassium chloride were up 5.1%, 2.1%, 5.5%, and 1.9%, respectively.
Second, the international market fertilizer prices in July, due to the oversupply of urea in the international market, coupled with delays in India's tender, the tender price is lower than market expectations, urea prices fell sharply, other varieties of fertilizer prices fluctuate slightly. According to monitoring, in July, the average FOB price of urea in the Middle East, DAM in the United States, Baltic Compound, Baltic Sea, and Vancouver in Vancouver was US$405, US$563, US$450, US$465 per ton, respectively. Urea, diammonium phosphate, Compound fertilizers decreased by 7.5%, 0.4%, and 2.2% respectively year-on-year, down 18.2%, 13.5%, and 4.3% year-on-year respectively, while potassium chloride rose by 1.5% month-on-month and 0.6% year-on-year.
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